For the first few years of our marriage, Mike and I didn't own a television. We had a rotary phone. No computer, no internet. People who discovered this would look at me incredulously, wondering if we were some new sect of stealth Amish, infiltrating the modern world.
Mike got me a tiny tv with a VCR player one year for Christmas. I could watch movies, and since it came with a rabbit ear antenna, I could get a couple of channels if Mike was outside the room. (he has a strange electrical force field...more on that later) One channel was consistently clear so we could see the news and watch the Simpsons and late night Dharma & Greg.
A few Christmases later, we got another tv, but this time it was bigger! With a DVD player! And still... rabbit ears. I firmly believe that there's really nothing worth watching on cable that is equal to the cost. I can check out DVD series like HBO's Rome or Discovery's Mythbusters for free from the library and they show programs on the internet now too - all commercial free.
So about one year from now, when the government kills the tv signal, I will throw my rabbit ears in the trash. No converter box for me. Congress has spoken, and I'll reply "No, thank you."